Qualified advisers answering your
Financial Questions
call 0800 092 1245

UK house prices could end the year higher than 2008

Surveyors have joined the party of property experts in the UK who now believe that UK property prices could actually end 2009 higher than they ended 2008. This is a remarkable turnaround in the UK property market which only a few weeks ago appeared friendless and with little hope of a short term recovery. However, many people believe that the average house price in the UK predominately reflects sporadic price increases in various hotspots in the UK while the sector as a whole continues to struggle.

More worrying for those who believe that UK property prices could end the year up from the level at which they started the year, there are some people who believe the short-term fillip in property prices will be short lived. The truth is that nobody really knows how the UK property market will perform over the next 12 months, 24 months or next few years to be honest. Economic models relating to the current economic climate have not been written and many people are trying to superimpose recoveries seen in the past on to the current economic outlook.

However, if these positive reports on the UK property sector can instil confidence into UK property buyers then ultimately they could be self-fulfilling prophecies.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details